Holaluz: A bet on solar energy
Holaluz is a leading company in the solar energy and self-consumption sector. With a clear vision and commitment to the environment, the company is focused on providing sustainable and renewable solutions for its customers’ energy needs.
Solar energy is a clean and inexhaustible source of energy that uses solar radiation to generate electricity. Holaluz is committed to collective solar self-consumption installations, allowing families to generate their own energy and reduce their dependence on conventional energy sources.
With its Tarifa Justa green electricity subscription product, Holaluz offers its customers the opportunity to consume electricity generated from renewable sources. This not only contributes to the reduction of greenhouse gas emissions, but also allows customers to save on their electricity bills.
Growth prospects
Holaluz has an optimistic vision for the future. The company’s forecasts indicate that the demand for solar energy and self-consumption installations will continue to increase. In the fourth quarter of 2023, solar contracts under the company’s management increased by 2% compared to the previous quarter, with a total of 763 sales. Throughout last year, Holaluz carried out and invoiced a total of 2,791 solar installations, of which 467 were carried out in the last four months.
With this positive trend, Holaluz expects to hire between 3,800 and 4,200 new solar self-consumption installations this year. In addition, the company is working to improve its product and service offering, such as subscription solar leasing and the use of flexible assets such as batteries and electric vehicle chargers, to offer customers more choice and savings in the energy consumption
Financial results and future prospects
Holaluz expects to obtain positive financial results in 2024. After the business restructuring started in 2022 and intensified in 2023, the company expects an operating result (ebitda) of 17 million euros for this year. This figure reflects the company’s efforts to adapt to market changes and improve its operational efficiency.
With its commitment to solar energy and self-consumption, Holaluz is contributing to the transition towards a more sustainable and clean energy model. The company is committed to providing innovative and accessible solutions for everyone, encouraging the use of renewable energy sources and reducing environmental impact.